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Articles by Nathan Lees — Page 20

Xbox CEO Asha Sharma presenting at the Xbox Games Showcase 2026 event
Gaming News

3% Profit Margin Forces Xbox Into Sweeping Layoffs

Xbox will end its fiscal year with a 3% profit margin despite spending over $20 billion on the platform. CEO Asha Sharma is now planning significant layoffs in July as part of a full business reset.

Nathan Lees4 min read
Master Chief from Halo Campaign Evolved standing in front of Xbox and PlayStation logos
Gaming News

Sharma Pulled Halo Trailer From PlayStation State of Play

Bloomberg reports that Xbox CEO Asha Sharma pulled a Halo trailer from Sony's State of Play presentation, a move that could damage the fragile Xbox-PlayStation relationship just as Xbox prepares for sweeping layoffs and budget cuts.

Nathan Lees4 min read